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Remortgage for Holiday Home
I have a mortgage of 35K for next 6 years but have now the oportunity of buying an unfinished holiday home. How likely are the lenders to give out money (about £30000) nowadays. Our house is worth about £150000. Also I have debts of about 8500 but I have savings for a deposit which would cover this. Would I be better to…
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Clydesdale / Optima nightmare
We had a mortgage approved by Clydesdale, but they use their own solicitors (Optima), who are a nightmare: * Took 2 weeks for them to give their list of requirements to our solicitor; * Not answering calls or emails from our solicitor; * Replying eventually to emails by fax; * Requesting information that has already been…
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Mortgage for property let to family
Hi, I have a property that is currently let to my sister. I want to remortgage if possible as I'm going onto A&L SVR of 4.99%, and they won't offer me any deals. As the property is let to my sister does anyone now which mortgage providers (Coventry Building Society?) will give me a Buy to Let, as I understand some won't if…
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mortgage with HSBC after taking further loan on current HSBC mortgage
I recently ( 4 weeks ago) took a further loan on my mortgage with the intention of putting it as a deposit for a new place I'm buying with my boyfriend. I was granted £20,000 but, on the advice of the face to face mortgage advisor I saw initially, said, when I applied on the phone, that it was for home improvements. I…
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Mortgage Bad Credit History
We have a bad credit history due to a failed business but we have sorted ourselves out and all arrears are up to date, different jobs etc. However, we want to remortgage and dont know where to start. Can anyone recommend a IFA that would help us with this? Or shall we just not waste our time due to the bad credit history?
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Re-mortgaging and DMP
Hello everyone, Apologies if this question has been asked before but I've searched old threads over the past hour and couldnt find a huge amount. Here is my situation, I have a poor credit rating and last year I entered into a DMP as my spending was out of control. I am sticking to this and it has helped me not take out…
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Mortgage After Default
Hello Just after some advice really; I bought my first house in November 2010. It was supposed to be a joint application between my husband and I, however on application he was declined as he had 2 defaults on his name. I took the mortgage in my name only and we purchased. One of the defaults came off in January 2012 and…
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does my credit score affect my husband applying for a mortgage
Hello I dont have a great credit score, but it is improving slowly. My husband's credit score is showing as excellent and shortly he is going to apply for a self build mortgage just in his name. He has a deposit of £130,000 Will my credit score affect his ability to apply for a mortgage if we have a bank account in a joint…
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Mortage for agency worker/umbrella company employee
Hi Everyone My husband and I want to buy a new house, current mortgage is in his sole name as I was, until recently, a student. I am an agency employee, working for an umbrella company for three months on a three month contract (which is renewed every three months indefinately). Working this way promises me bigger wages…
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Buying out second security dilemma
I'll try to explain this clearly, as I really need help deciding what is the best option :o My ex has a second security on my home of 1/3 of the value or £36k whichever is GREATER to be paid in 2020. I bought in 2008 for £108.5k and the house is now valued at £90K. He has offered to take £30K now. I can extend my current…
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Will car finance affect mortgage application?
Took out car finance a few months ago to fund a new car (£7K over 3.5 years). At the time my partner and I were thinking of buying a home in 2014-2015 after I had paid off the finance early. Now it is looking like we will be buying in the next 6 months or so. I'm wondering how the car finance will affect any joint mortgage…
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starting to make a small mortgage over payment
Hi I am looking some advice please. We bought our property 4 years ago through co ownership in northern ireland (NICHA) We are currently in negative equity so cant remortgage to buy out NICHA. I was hoping to start making a small over payment on our mortgage - maybe £10/£15 per month until we get back on our feet (we got…
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Mortgage dilema
We cutrrently have a mortgage with Santander for £20,000 - whicch we are paying an interest only mortgage - relying to pay it off with an endowment policy which matures in 2014. With the nes of the SRV increase with Santander - is it worth trying to re-arrange the mortgage to a 2 year fixed ter - hopefully without…
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2 Missed Payments - Ruin My Chances?
Hi everyone I'm considering getting a mortgage soon for the first time. In March this year, I changed my bank account and all my DDs and SOs were moved over by the bank. Unfortunately, two of my DDs weren't met by the bank (Virgin Media & Barclaycard). I paid these with my debit card when the companies phoned me and…
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Halifax + the Ombudsman
Morning. I am told there are now so many complaints re Halifax's 'goodwill payments' its causing a significant backlog for Ombudsman. I still haven't received a decision, have any of you?
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Post office mortgage
Hi all, I'm looking to apply for the 5 year post office fixed rate 75%ltv but unsure to go for the Standard no fee at 3.59% or the fee assisted at 4.09% House is priced at £102000 and I'm looking to borrow £76500 over 30 years but cannot decide between the two.........any thoughts? Cheers Ste
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Further advance on my mortgage
Hi, first time poster here so please be gentle. Following an acrimonious and expensive divorce I have had to start again in life. I took up a mortgage with Nat West, whom I've banked with for nearly 25 years and was able to put 20% down which pretty much wiped me out financially. The house, a repossession, was bought in…
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100k deposit with 100 unpaid phone bill
i have saved up 100k deposit ., so looking at 200k 4 bed detached house mark . found a 5 yr fix 3.49 % mortgage. unfortunately when i was s tudent i signed up for these 24 month phone contracts and after a few months you get a free ps3 . netherless the company doing this scheme went bust and being a student i did not pay…
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First Time Buyer Mortgage
Hi I have just had an offer accepted on house, I had a mortgage in principle from HSBC but after look at the trouble people are having with them at the moment. I have started to consider other options like First Direct, RBS or YBS because they all have good fixed rate for 90 LTV mortgages. But I an not sure which to go for…
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In-laws buying house and renting to us
Hi all, I was wondering if anyone could give me some advice. Me and my husband are currently renting and would like to get on the property ladder, we were going to borrow a deposit from the in laws in a couple of years to do so. However, they have been talking and have offered to buy a house, or at least put a deposit down…
